“We remain positive on India’s growth story given strong tailwinds and expect steady returns with a stock-specific approach,” Prabhudas analysts Amnish Aggarwal and Anushka Chhajed said, adding that the June quarter saw sales beat of 0.6 per cent, while EBITDA and PBT were lower than estimates by 6.5 per cent and 9.7 per cent, respectively.
Global Market | Is India prepared for a prolonged Middle East oil disruption?
India’s heavy reliance on Middle East crude and relatively low inventory buffers leave it vulnerable to prolonged supply disruptions amid escalating regional tensions. With Brent